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Strategies & Market Trends : Three Amigos Stock Thread

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To: brogan who wrote (18949)2/22/2000 7:21:00 PM
From: Ken W  Read Replies (1) of 29382
 
brogan:

DRAX: Yep, out. I did not think it would do that much, but under estimated the power of the news release. Thank you so much. I sat at 3 1/8 most of the day to get back in, but no go.

ANET: is a concern to me. The news of the MCI deal could come at any time, however, the stock is not acting like a news type of stock. If it does come, then it will be a surprise and the stock will run fast. I hope so anyway. TA wise today was not a good day. The volume excellerated from the last 5 days but to the down side. Tomorrow will be decision day at 10. If it does not hold then low 9 is the next stop down.

SHM: Still have my order in at 4.50...I have to stay with my charts and instincts here.

SOCT: Held over 2 today, but I would not be a buyer until 1.50 or over 3 on heavy volume.

Keep an eye on ZITL tomorrow. Something is up, but no one seems to know what it is, except of course, those that are buying the stock. The TA on this one is very nice.

For the pink sheet crowd Scouser's DSNY is up .51 for the day.........This, as I understand, is a very special situation.

Ken
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